BICS to acquire TeleSign for USD 230 million

(Telecompaper) BICS, the wholesale arm of Belgian operator Proximus, announced an agreement to acquire US-based TeleSign for USD 230 million. The takeover gives BICS a new growth area beyond network services, providing authentication and mobile identity services to internet service providers. The deal is expected to help diversify the customer base and offer cross-selling opportunities as well as strengthen geographic coverage of the company, particularly growing its position in the Americas. Te